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Trinidad gas output at 2.6 Bcf/d, reinvestment needed to close 40% supply gap – Energy Chamber

Trinidad and Tobago’s natural gas production is around 2.6 billion cubic feet per day (Bcf/d), leaving a supply shortfall of about 40% for downstream demand, according to the Head of the Trinidad and Tobago Energy Chamber. In an exclusive interview...

DOF wins Hammerhead FPSO mooring pre-lay contract offshore Guyana

DOF Group ASA has secured a large turn-key contract from MODEC Guyana Inc. to carry out mooring pre-lay work for the Hammerhead floating production, storage and offloading (FPSO) project offshore Guyana. The company said earlier today (January 19) that its...

Reduced geopolitical risk may ease exploration near Guyana–Venezuela border in Stabroek Block

Exploration activity in Guyana’s Stabroek Block, particularly in areas closer to the maritime boundary with Venezuela, now faces a different geopolitical context following the removal of Venezuelan President Nicolás Maduro. The shift comes against the backdrop of Guyana’s long-standing border...

ICJ ruling on Guyana–Venezuela border case expected by early 2027 – Greenidge

Guyana’s Agent before the International Court of Justice, Carl Greenidge, says the Court is expected to hand down a final ruling on the Guyana–Venezuela border controversy by early 2027 at the latest, despite recent political developments in Caracas. Greenidge’s comments...

ExxonMobil to complete Whiptail WT_4i05 drilling campaign offshore Guyana by February 28 

Operational drilling activities at the Whiptail Project’s WT_4i05 Drill Center offshore Guyana are scheduled to conclude on February 28, 2026, the Maritime Administration Department (MARAD) said in a notice to mariners this week.  MARAD said ExxonMobil Guyana Limited (EMGL) continued...

Guyana gov’t can withdraw US$2.37 billion from oil fund to support 2026 budget

The Guyana government can legally withdraw about US$2.37 billion (GY$495 billion) from its oil fund in 2026 to support its national budget, a slight decline from the amount available last year, after lower oil revenues flowed into the account...

Too early to tell if US role in Venezuela will unlock western Guyana exploration – S&P Global

Guyana’s oil sector could see lower regional risk following U.S. involvement in Venezuela, but whether that translates into new exploration activity remains uncertain, according to a January 15 S&P Global analysis. The assessment comes amid the long-running Guyana–Venezuela border controversy...

Offshore exploration sparking new investment buzz across the Caribbean – Canadian Energy Strategist 

Offshore oil exploration in the Caribbean is generating renewed investor interest, with Guyana leading the surge and opportunities emerging across the region, according to Canadian energy strategist Steven Rowles. Rowles, senior portfolio manager at TriVest Wealth Counsel, Wellington-Altus Private Counsel,...

Fourth Guyana-Monaco Mousetrap Car Grand Prix competition now open for registration 

Registration is now open for the fourth annual Guyana-Monaco Mousetrap Car Grand Prix Competition 2026, according to a press statement from SBM Offshore on January 17.   The competition challenges secondary school students to create mousetrap race cars propelled by...

Cabinet review next step for Guyana’s expanded Local Content list covering 20+ new areas

Proposed amendments to Guyana’s Local Content Act are awaiting policy-level consideration, following a broad stakeholder consultation process that included ExxonMobil Guyana and major oil and gas contractors, according to Director of the Local Content Secretariat, Michael Munroe. Speaking exclusively with...

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Venezuela has no authority over seismic work in Guyana’s waters – gov’t

Guyana has rejected Venezuela’s objection to a planned three-dimensional multi-client seismic exploration program within its Exclusive Economic Zone (EEZ),...